Delphi CEO Would Rather Fix
Company's Woes Out of Court

By

Jeffrey McCracken Staff Reporter of THE WALL STREET JOURNAL

Updated Sept. 21, 2005 12:01 a.m. ET

As worries that Delphi Corp. might soon file for bankruptcy-court protection pushed the automotive supplier's stock to an all-time low, Chairman and Chief Executive Robert S. "Steve" Miller said yesterday that he'd rather fix the company out of court.

"Not going into Chapter 11 is much to be preferred," Mr. Miller said in an interview at Delphi headquarters.